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- Feb 16, 2015
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move jobs back to what?america's manufacturing base is completely destroyed,china spent the last twenty years developing its manufacturing base.manufacturing isnt as simple as just opening a factory and start churning things out,it requires a whole network of logistics,infrastructure,raw materials,refineries,processing,a car company could need a hundred other smaller factories supporting it with parts and raw materials before they could churn the final product out,china's already got their manufacturing infrastructure and efficient to a level unimaginable every company is supporting everyone,anything u need is available in China,along with the cheap labour force,there is no way in hell america can compete with that.do u know how long it takes to build a road or bridge in america or a thousand mile railway line and how long it takes China?
trump wants to lower corporate tax to 15 percent,just like tax haven singapore 17 percent,17 percent tax rate is one of the lowest in the world,like the bottom twenty countries,have u ever seen low taxes benefit singaporeans?nada,zilch,poor gets poorer,rich gets richer,singapore's gini is 0.41.
I am well aware FYI USA is one of only three countries in the world with the capabilities of the entire supply chain. The others are Germany and China. US already established all that you described above of China long BEFORE China even opened up. Otherwise she would not be where she is.
US cannot compete with China on costs but USA can get back manufacturing jobs for goods for North American consumption.
USA does not want to equalize itself with China on costs, we have no desires to be $2 a day workers.
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